Chapter 417： Open the blood basin again (1/2)

If you swallow the milk company, Xia Yu is like taking the top ten tonic, but if you want to live well and develop well, you still need a good stomach.

Xia Yu had long aspired to become the real estate king of Xiangjiang, and it would be even better if he could become ”Xia Bancheng”.

But in the real estate industry, land is not enough. The key is to have sufficient development strength, which requires a strong construction company.

Nowadays, although there is a construction department under the Wharf Group, it is still too small compared to what Xia Yu thought.

In this way, the Golden Gate Construction Company under the Jardine Consortium was targeted by Xia Yu.

Golden Gate Architecture was founded by an Englishman named John Golden Gate in India in 1919. The main business of the company is construction and civil engineering. The types of projects include commercial office buildings, residential buildings, shopping malls, streets, bridges, stations, and sewers. Wait, he does almost everything. He is the chief builder of many projects in Hong Kong and the Asia-Pacific region, commonly known as the contractor in the industry.

Jinmen Construction was listed on the Hong Kong Stock Exchange in 1970, and the Jardine Consortium bought a small portion of shares from minority shareholders in 1969. Until Jinmen Construction went public, its weaknesses were exposed. Of course, the Jardine Consortium, which holds a huge amount of capital, Won't let it go.

In May 1975, the Jardine Consortium swallowed the Golden Gate Building and completely privatized it.

After being swallowed by the Jardine Consortium, Golden Gate Architecture is backed by the huge strength of the Jardine Consortium, and its development is advancing by leaps and bounds.

Nowadays, Jinmen Construction is a well-known construction company in Xiangjiang. Even Li Jiacheng’s Yangtze River Infrastructure is still inferior to Jinmen Construction.

If such a powerful construction company can be swallowed by Xia Yu, it will definitely be able to install nuclear-powered rocket boosters for Xia Yu's dream of a real estate giant.

And having a strong construction company can not only enhance the company's ability to resist risks, but most importantly, it can reduce construction costs and make the development of real estate and commercial real estate more competitive.

In the final analysis, business struggles rely on comprehensive competitiveness!

If Xia Yu expands the existing construction department of the Wharf Group, not to mention the cost and effort, the most important thing is to waste time.

For Xia Yu, time is more precious!

In today's changing times, one step behind, it will cost more to catch up, and the loss is too great!

Therefore, the Golden Gate building, you have to eat everything you say, it can't be cheaper for others!

Xia Yu estimated that based on the current assets, the value of Jinmen Construction is only about 180 million Hong Kong dollars, and he has the capital to eat it!

Except for the Dairy Company and Jinmen Construction, there is only one Jardine Auto Group, and Xia Yu didn't want to let it go.

Jardine Auto Group is another representative of the Jardine Consortium in the manufacturing industry, in addition to Jardine Machinery Group.

Jardine Auto Group has three subsidiaries. One of them is Indonesia's largest automobile manufacturer: Indonesia Astra International Holdings Co., Ltd., which is 100% controlled by Jardine Auto Group.

Astra and Toyota are one of Toyota's top five dealers in Indonesia, and it is also the only one that mainly manufactures small cars and is sold almost domestically.

Due to national conditions, Indonesia’s total annual car sales last year reached 40,000 vehicles, but Astra produced 10,000 vehicles, accounting for 25%.

In addition, there is also a motorcycle manufacturing company under the Jardine Motor Group, which is also the largest motorcycle manufacturer in Indonesia.

The full name of this company is Indonesia Astra Honda Motorcycle Manufacturing Co., Ltd. You can tell from the name that this company is a joint venture company established with Honda, and Jardine Motors Group holds 49% of the shares.

Because of Honda's support, whether it is an automobile manufacturing company or a motorcycle manufacturing company, the strength is top in Indonesia.

But again, Indonesia is too poor after all. Even motorcycles are luxury goods. Although Indonesia has a large population, most of them cannot afford it, so the annual sales of motorcycles are not large.

But as long as these two companies maintain their positions, the purchasing power will explode when Indonesia becomes rich in the future, so the potential is not lacking.

In addition to these two manufacturing companies, the Jardine Auto Group also has a strong sales network, which is Renfuxing Co., Ltd.